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Gevo Inc (GEVO.OQ)

GEVO.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Gevo Expects To Sign First Commercial License In India In 2018​
Wednesday, 3 Jan 2018 09:00am EST 

Jan 3 (Reuters) - Gevo Inc ::GEVO PROVIDES CORPORATE UPDATE FOR 2018.GEVO INC - ‍GEVO EXPECTS TO SIGN ITS FIRST COMMERCIAL LICENSE IN INDIA, THROUGH ITS PARTNERSHIP WITH PRAJ INDUSTRIES IN 2018​.GEVO INC - AS PART OF INITIATIVES FOR 2018, EXPECTS TO SIGN ITS FIRST COMMERCIAL LICENSE IN INDIA, THROUGH ITS PARTNERSHIP WITH PRAJ INDUSTRIES.GEVO INC - ‍ GEVO DOES NOT CURRENTLY PLAN ON REPLACING CHIEF FINANCIAL OFFICER AT THIS TIME​.GEVO - MIKE WILLIS, CO'S CFO HAS ENTERED INTO A MUTUAL SEPARATION AGREEMENT AND IS EXPECTED TO LEAVE CO IN EARLY JAN 2018.GEVO INC - ‍ PATRICK GRUBER, GEVO'S CHIEF EXECUTIVE OFFICER, HAS AGREED, AT HIS DISCRETION, TO A SALARY REDUCTION OF 30 PERCENT IN 2018​.GEVO INC - ‍GEVO'S EMPLOYEES WILL FOREGO THEIR 2017 ANNUAL CASH BONUS​.GEVO INC - GEVO WILL REDUCE ITS OVERALL HEADCOUNT IN ENGLEWOOD, CO, BY APPROXIMATELY 40%, AS COMPARED TO PEAK EMPLOYEE LEVEL IN 2017.  Full Article

‍Ge Aviation Commences Jet Engine Combustor Component Testing
Monday, 11 Dec 2017 09:00am EST 

Dec 11 (Reuters) - General Electric Co ::GEVO INC - ‍GE AVIATION COMMENCED JET ENGINE COMBUSTOR COMPONENT TESTING WITH A JET FUEL COMPRISED 100% OF GEVO'S RENEWABLE ALCOHOL-TO-JET FUEL​.  Full Article

Gevo - entered into supplemental agreements to joint development agreement, between Co and Praj
Tuesday, 21 Nov 2017 05:20pm EST 

Nov 21 (Reuters) - Gevo Inc :Gevo - ‍on Nov. 16, Co entered into supplemental agreements to joint development agreement, dated November 6, 2015, between Co and Praj Industries Ltd.Gevo - ‍pursuant to amendments, Co and Praj agreed to extend term of joint development agreement and development license agreement to March 31, 2018​.  Full Article

Gevo Q3 loss per share $0.25
Monday, 6 Nov 2017 04:00pm EST 

Nov 6 (Reuters) - Gevo Inc :Gevo reports 3rd quarter 2017 financial results.Q3 adjusted non-GAAP loss per share $0.36.Q3 loss per share $0.25.Q3 revenue $7.7 million versus $6.9 million.Gevo Inc - ‍management and board of directors are reviewing company's strategic and financial options​.Gevo Inc - plans to achieve a projected cash EBITDA loss of $18.0 - $20.0 million for fiscal year ending December 31, 2017​.Gevo Inc - ‍currently in discussions with several interested strategic parties regarding transactions or investments that would provide capital​.Gevo Inc -‍co is reviewing other initiatives to improve cash flow profile of luverne facility and its headquarter operations located in Englewood​.Gevo Inc - ‍decided to reduce employee base at luverne facility in Oct 2017 to better match industry norms in terms of staffing levels.  Full Article

Gevo to partner with three laboratories on a project​
Monday, 9 Oct 2017 09:00am EDT 

Oct 9 (Reuters) - Gevo Inc :Gevo - ‍will be partnering with National Renewable Energy Laboratory, Argonne National Laboratory, Oak Ridge National Laboratory on a project​.Gevo Inc - ‍project to fine-tune composition of catalyst used in Gevo's proprietary ETO process​.  Full Article

Gevo Q2 loss per share $0.66
Thursday, 3 Aug 2017 04:00pm EDT 

Aug 3 (Reuters) - Gevo Inc :Gevo reports 2nd quarter 2017 financial results.Q2 adjusted non-gaap loss per share $0.44.Q2 loss per share $0.66.Q2 revenue $7.5 million versus $8.1 million.Gevo Inc says ‍plans to achieve corporate-wide EBITDA burn rate of $18.0 - $20.0 million for fiscal year ending December 31, 2017​.Gevo Inc says ‍estimates maximum annual isobutanol production capacity at luverne facility to be currently over 1 million gallons per year​.Gevo Inc says ‍expects to produce isobutanol at levels that better match market development sales in 2017​.Gevo Inc says ‍now expects that it will produce less than 500,000 gallons of isobutanol during 2017​.  Full Article

Praj Industries says Praj-Gevo joint development deal to enter commercialization phase
Wednesday, 26 Jul 2017 12:31am EDT 

July 26 (Reuters) - Praj Industries Ltd :Says Praj-Gevo joint development agreement to enter commercialization phase.Says Gevo’s proprietary isobutanol technology will now be available for licensing to processors of sugar cane juice, molasses.  Full Article

Gevo enters into a private exchange agreement
Monday, 12 Jun 2017 09:04am EDT 

June 12 (Reuters) - Gevo Inc :Says on June 9, co entered into a private exchange agreement with a holder of its 7.5 pct convertible senior notes due 2022.Says agreement to exchange $485,000 of principal amount of 2022 notes for 736,671 shares of its common stock.Says upon completion, exchange will reduce outstanding principal amount of 2022 notes to about $690,000.  Full Article

Gevo's isobutanol cleared for use in on-road vehicles in Arizona
Tuesday, 23 May 2017 09:00am EDT 

May 23 (Reuters) - Gevo Inc :Gevo's isobutanol cleared for use in on-road vehicles in Arizona.  Full Article

Gevo signs definitive supply agreement with HCS Holding
Thursday, 4 May 2017 09:00am EDT 

May 4 (Reuters) - Gevo Inc : :Gevo signs definitive supply agreement with HCS Holding for commercial supply of renewable isooctane.Gevo Inc- entered into a supply agreement with HCS Holding gmbh to supply renewable isooctane under a five-year offtake agreement.Gevo Inc- in first phase commencing in May 2017, HCS to purchase isooctane produced at co's demonstration hydrocarbon plant located in silsbee, texas.Gevo Inc - Haltermann Carless, a subsidiary of HCS is expected to be direct customer with Gevo under supply agreement.Gevo Inc- first phase of HCS deal would continue until completion of Gevo'S first large-scale commercial hydrocarbon plant.  Full Article

BRIEF-Gevo Entered Into At-The-Market Offering Agreement For $5 Mln Of Shares

* GEVO - ON FEB 13, ENTERED INTO AT-THE-MARKET OFFERING AGREEMENT , WHICH PROVIDES FOR ISSUANCE, SALE BY CO OF UP TO $5 MILLION OF SHARES OF COMMON STOCK Source text: (http://bit.ly/2Hcb5ZK) Further company coverage: